About Multiformat Video Players
Multiformat Video Players are widely used digital media tool, which is equipped with extremely powerful decoding engine allowing to play most of SD as well as HD video formats such as advanced systems format (ASF), audio video interleave (AVI), windows media video (WMV), flash video (FLV), and matroska video (MKV). The multiformat video players are available both on cloud based formats as well as on premise formats. The most common operating system on which multiformat video players are available on include windows, MAC os and Linux. Based on applications, the commercials segment is expected to grow exponentially over the coming years. Growth of media and entertainment industry is largely attributed with the growth of the multiformat video players. Asia Pacific is the biggest market of the multiformat video players due to presence of one of the world’s largest media industries in the region.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Axel Technologies Pvt. Ltd. (India), Keres Technologies (Belgium), ADPLAYER PRO LIMITED (Seychelles), Vimond Media Solutions AS (Norway), Softonic International S.A. (Spain), Telestream, Inc. (United States), Techonloop, Inc. (United States), X-Dream-Media GmbH (Germany), VideoLAN (France), Pandora TV (South Korea), Gretech Corporation (South Korea), Plex Inc. (United States) and Kakao (South Korea) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Multiformat Video Players market by , Application (Film Production, Commercials, Television Production and Others) and Region.
On the basis of geography, the market of Multiformat Video Players has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Operating System, the sub-segment i.e. Windows will boost the Multiformat Video Players market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organisation Size , the sub-segment i.e. SMEs will boost the Multiformat Video Players market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment , the sub-segment i.e. On Cloud Based will boost the Multiformat Video Players market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Windows Based Segment Accounts for Larger Market Share
Market Growth Drivers:
Growth of the Media and Entertainment Industry and Rise of Small Individual Content Creators
Challenges:
Glitches in the Video Players
Restraints:
Rising Competition in the Market
Opportunities:
Commercials Segment is expected to Grow Exponentially
Market Leaders and their expansionary development strategies
In 2021, Telestream, Inc., a United States based software and hardware provider for video capture and ingest as well as on demand encoding and decoding has announced acquisition of Masstech, which specialises in the providing intelligent, hybrid cloud-based storage and asset lifecycle management solutions specifically for media and entertainment industry. The acquisition will significantly bolster the archive management business and solutions of Telestream.
In 2020, Telestream, Inc., a United States based company specialised in digital solutions designed specifically for media and entertainment industry has announced acquisition of EcoDigital, which develops content management software solutions. The acquisition will enable Telestream to offer integrated solutions to their customers in order to streamline operations.
Key Target Audience
Multiformat Video Players Developers, Suppliers and Distributors, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.